for you today will see you back here on monday. ♪ gerri: hello, everybody. i'm gerri willis. tonight on "the willis report", suing. a cheap knockoffs.

thousands of customers ripped off. also, the judge rules on the case. and our special segment. we go behind the scenes of new york's fashion week for the hot as designs of the latest trends. "the willis report" is on the case. ♪ gerri: all that and more coming up. first, our top story worth thousands, thousands of costco customers were ripped off. that is what tiffany is sying. the high end jeweler says there were selling expensive diamond rings, falsely claiming they were from tiffany. as a result, they customers were duped for years. now taking the warehouse center court. the cheapest batman engagement ring antiphony starts at $11,000. at costco it's about half that.

joining me now, brent expert who has been closely following the case and what it means for consumers. welcome. nice to have you on the show. i am thinking you are branding expert. would you ever have advised costco to label a product, rain, an engagement ring no less as tiffany? >> definitely not. it hurts everyone. costco because that is a long-term trend. they were going for a hot-term profit and is going to hurt the middle long term. it hurts customers because customers got ripped off. they did not get what they paid for. gerri: i have to tell you. i want to show photo we are talking about because we have pictures in the case showing what this product would look like. and it's not in a blue box. the conceit, on the right. a 1 carat diamond retailing for almost $6,400. not even close to the tiffany's price. but they say tiffany's, but it

sure does not look like a labeling. do you think that costco is vulnerable here? >> very so. they are ripping tiffany's of, maybe other brands. if you rip these brands of, customers know over the long term. two ways to return it. the customers heard as well by this. it's a huge mistake by them to get short-term profits. is going to hurt their brand long-term. you can trust them anymore? gerri: they have done in trouble for this before with calvin klein in that particular brand name. what is amusing to me, i have to tell you, this is been going on for years, so clearly nobody has actually gone in into a store. if you would on the website, and this is their defense. we monitor the website. that's one of the things we looked at. they don't label those same resistive finito would go to one of their 600 warehouse stores and you would have done to the

product only a few days ago. does it surprise you it is taking them so long to figure this out? >> it was a customer that found out which is kind of the sad part. they would not know to investigate something like that because it is a reputable brand. but in of a world where it is all about consumer power, consumers when they find that now will report because they don't want to get ripped off and the doe of their peers to either because, you know, it can really set of tires than long-term. gerri: i know a lot of people are wdering how can i be sure what i am buying. how do i know? i can recognize that that label does not look like the one that i see when i go to the store on fifth avenue here in new york city. not everybody lives in new york city. >> you have to buy directly from tiffany. you cannot trust as much anymore. honestly, who buys tiffany's at a cost go anyway? you go there to buy, you know, both purchases for your kitchen

he. gerri: has not entirely true. they have breitling, a number of higher-end labels that i was shocked to see that they sold. it is even more confusing of a playing field i think for consumers because if you have bridling, if you have some of these high-in french jewelry retailer's, why wouldn't you have tiffany? it ihard to tell. >> i think the really intelligent consumers can tell, have done the homework. corporation you confining compare prices, compare, you know, looks. the end of the day the consumer is going to figure out into the negative publicity for costco and overtime it erodes the brand. it can really do harm to the company in you will see it. erri: sure they make these people whole, reimbursed and to some level? >> i think that costco should reimburse them antiphony shared by the consumer that caught

costco a pair of earrings are something because then they will be positive publicity for doing that and turn the tables on costco. gerri: it could happen. stranger things have happened. thank you for coming and the show. appreciate it. gerri: now we want to know what you think. here is our question. would you buy a diamond ring? log on t gerriwillis.com, on the right hand side of the screen announcing the results of the end of the show. i liked costco. i'm shocked. the first lawsuits us started against carnival cruise lines over that disasters cruise to mexico, the carnival ship triumph docked in alabama town after spending days for policy. relieved passengers made their way off the ship early this morning. >> i'm exhausted. i'm tired, but have also relieved to be on land. it was pitch dark and always. it was pitch dark going down the corridors. >> it was really bad. >> anybody that tells you that

everything was okay, i don't know what shape they're oran, but i was on that ship. gerri: it doesn't sound good to me. fox is legal analyst here now with the latest on this new law. with the case means for consumers. it is a suit already. >> some surprise to did not come earlier. i guess they had to get to dock. the plaintiff was forced to endure deplorable, unsafe, unsanitary conditions and that providing a safe passage on a seaworthy vessel. does she have a case? >> yes,she does. a difficult case to bring because you signed a contract. look at this. in 8-page contract. a page contract. and look goes mollet apprentice. gerri: go through this. you need a lawyer. >> exactly. the plan liability for nothing. you know, you're not going to

get reimbursed. anything like that, but there's one big caveat which they cannot cover. that is negligence, for c ability. if they knew or should have known that something as disastrous as this could happen and people could be heard and inconvenienced and damaged, federal maritime laws. gerri: you know, a fire on the ship. it happens. >> this particular ship had been in trouble for just weeks before . the proposed system, so they should have known that there was something wrong. gerri: not necessarily fire. >> the boat should have never gone out and the first place. gerri: lete read. here is what they say. this contract provides for the exclusive disabuse their individual legal action on guests on behalf instead of three class-action gaza don't even think about that and tr to go through arbitration. >> that is what they will try to do and have been successful. but if this contract, it does

not include negligence. the company even. this company has said contract null and void. goo court. and there is even language in the contract right exactly to your point. you can't sue unless there is negligence. negligence. i can say that word. you know what occurs to me and what i wonder about. this seems like you have no rights as a cruise ship passengers. you have more rights on the tarmac. >> another is a passenger bill of rights. gerri: absolutely. >> and when you're planning one of these, you're all excited about going. you don't think about this. you're not reading all eight pages of the contract. so you have signed with some of your rights. something as egregious as we are hearing on this trip. gerri: unpleasant, fell, disgusting, no food except for onion san roaches. people put in harm's way? was a danger? >> think about it. this is a family show, but there

was, you know, people could use the restroom. feces and of that. i'm sorry. that is dangerous. you can get sick. gerri: a half test tube. carnival also plans that limit their liability if $50 per guest or $100 per state room. >> no. they can throw that one out. that is -- they offered to settle 14,500 seat passenger, but it did not go for it. some did, but somehow still going ahead with the lawsuits. gerri: at the end of the date here is what i would do. i would go to carnival and say, want a free extended to everything paid. >> they're not going to go back on that ship. gerri: none of that ship. i want the best ship. this is the walmart of cruises. i mean that is why you have not had more of rage. people out there like, oh, wow. gerri: but whenever you pay, you are still of that right to have

a safe trip and than non negligent trip. gerri: what do you think these people should get? >> at least 14,005 at the others were offered. absolutely. the other thing, they could have london back from mexico. apparently the could have gone to mexico and avoided. then they didn't want to because of the cost. guess what, the bigger cost now. gerri: people are not happy. >> this is just a first lawsuit of many. gerri: thank you for coming on. you're going tocome back. at the bottom of the hour, your verdict on a graduate student suing her alma maters for giving her bad grades. this student says it is costing her money, but is it legal? add up think so. that's just my view. also, we head to the crown jewel , new york fashion week. president obama calling for renaissance and manufacturing. what does it mean? of break it all down next.

at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally.

[ female announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. only flood insurance covers floods. ♪ visit floodsmart.gov/pretend to learn your risk.

♪ >> there are things we can do right elbow to accelerate the resurgence of american manufacturing. number one, we can create more cents for high-tech manufacturing in america. and calling on congress to help us set up 15 institutes, global centers of high-tech jobs and advanced manufacturing around the country. gerri: well, that was the president this week in north carolina describing a new program he wants to bolster manufacturing in this country, especially high-tech manufacturing. you see, the president would like to go through all those formerly towns that were onetime industrial leaders and help them become global high-tech centers. highfalutin, the nba may sound new, but the goal ultimatel

developing better paying jobs has eluded many mayors, city councils, and state legislators who have tried for decades to do the same thing. even so, the president is ready to ante up 1 million of our taxpayer dollars to spend on 15 hubs around the country. naturally, politicians are responding by putting there hands out. senator jack reader rhode island said he wants some of the money, available in such a program because he said the state was the first place for the industrial revolution. then there is congressman mike honda of silicon valley. you might have thought that area needed no help from congress, but he would like a piece of e action because silicon valley is the manufacturing center in its own right. on and on and on the coast. the president offering our money and local politicians more than happy to laugh at that. what the president has right is there is a smaller manufacturing renaissance. ry small. what is feeling it is not a

government program lower-cost. listen to this. the manhattan institute says fracking has lowered energy costs so much that it makes the u.s. more competitive. watch out, china. of course the president opposes fracking, but the impact on businesses dramatic. lower wages, fuelling the renaissance. our labor backed president does not go for that either. take a look at the states that have seen the biggest creation of manufacturing jobs. it is interesting because a lot of these states are not friendly to government's interference, like taxes. there is also a right to work state, indiana. tennessee, south carolina, washington, places where government has succeeded by standing of the weight. that is the path we should follow. prepared to be dazzled as we go behind the scenes of new york's fashion week with designers.

and does it feel like you will never retire? some people think rich people are better off but a new survey has surprising details. ♪ friday night, buddy. you are gonna need a wingman. and with my cash back, you are money. forget him. my airline miles will take your game worldwide. what i'm really looking for is -- i got two words for you -- re-wards. ♪

there's got to be better cards than this. [ male announcer ] there's a better way with creditcards.com. compare hundreds of cards from all the major banks to find the one that's right for you. it's simple. search, compare, and apply at creditcards.com. first round's on me. i don't have to leave my desk and get up and go to the post office anymore. [ male announcer ] with stamps.com you can buy and print real u.s. postage for all your letters and packages. it's like somebody dropped a post office on my desk. it's faster, and cheaper, and make us more productive. stamps.com makes it easy. easy, easy, easy. all you need is a computer and a printer. [ male announcer ] now you can avoid trips to the post office. go to stamps.com and get a 4 week, no risk trial. i have exactly the amount of postage i need, the instant i need it. it saves me a good 4 or 5 hours a week. it saves us so much time and money. postage meters are a lot more expensive. can you print only stamps? no... first class. priority mail. certified. international. and the mail man picks it up. i don't leave the shop anymore. now it's all under my control, and i like that.

[ male announcer ] learn more at stamps.com/tv and get a 4 week trial plus $100 in extras including a scale and free postage to use during your trial. go to stamps.com/tv and never go to the post office again. ♪ gerri: the golden years aren't looking so golden, even for rich americans.

♪ gerri: well, the phrase working until your aid is not just apply to americans working class. even our country's most well-off are putting off their retirement joining me now, a ortfolio manager. welcome back to the show. good to see you. i want to show some numbers

here. delaying retirement. planning to retire after age 68. 10% after age 71. what's going on? >> well, i think it's a number of things. first of all, it's the zeitgeist. we live in terrible times. investors to live through to creches and the stock market in the past 13 years. the real estate, residential real estate prices plummeted back five years ago or so. and i think there is a general sense that politicians are not going -- and going to remain dysfunctional and that the economy is weak. gerri: a long way to go. i think you're absolutely right. those memories are still fresh of losing half of your retirement savings. you don't forget that in a heartbeat. they come up with reasons for delaying retirement. 58 percent said don't have enough savings. outstanding debt and market stability in housing values. and interesting because so much

of regular american wealth is tied up in their house. that took a major hit. >> absolutely. gerri: and so when you look at market stability going forward, there seems to be no real place in the stock market that will continue rising even though we have seen a great run. what is amazing is the number of individual investors ayed at of the market despite the fact that we keep seesawing back and forth over the 14,000 level on the dow. >> well, you know, investors have been burned, but nothing the other thing, the reason my retirees are fearful is that interest rates are so low. takes two and a half times more money to generate the same amount of income as it did ten years ago. and that is huge. gerri: you told one of our producers that it is a far different thing to be planning for ten years versus 30.

what some folks would be planning for re they to retire at 60 or 65. people living so much longer. wouldn't your advice to folks who may feel like, i could retire now, but does it make sense. how do you evaluate that question? >> well, i think that it is really important to feel like you have a purpose and to be relevant. so the fact that we are living much longer, i think people have to reassess whether or not there really want to check out when they're 62 or 65 and perhaps find something while they're still in their fifties that they really enjoy doing that they can continue to do until they're quite advanced in years such as becoming a therapist or maybe being a money manager. gerri: television. it may be something like that. at the end of the day, was the biggest question the people in this age category? >> am i going tell them my

money. and even rich people feel that way. gerri: i think the delay retirement for the very reason you stated because they cannot imagine being retired. there are successful because they love what they do. >> particularly entrepreneurs and professionals, people who, if they can go to the office every day they will know what to do with themselves, so there is an alleged. you retire, you die. think a lot of people have that fear is well. gerri: how much golf and he really played. thanks for coming back on the show. appreciate your time. >> thanks. gerri: the ridge might be struggling, but you would not now read by looking at the miami but show which generates more than $800 million per year. more than 10,000 people of our very own cheryl casone is in the sun -- the sunshine state with a chance to check at a six million-dollar yacht. she spoke with the owner from venezuela. >> the name of the baltimore did it come from? garry difficult to pronounce for

we small americans. >> the name of about, that is pretty much a mix between the names of my parents. >> why spend $6 million on a yacht? and i will be taking this ho to venezuela. so the soda is going to be leaving in this is yours for now on, why make this type of purchase? amelia was that important to you? >> if you love the sea, you spend every single week in the beat tennessee, and if you love it's worth it. gerri: were you worried about making such a bid to -- the expenditure? the world economy has been under so much pressure. to you ever think, might doing? , a little nervous to spend this much money. >> definitely when you're making an investment, but the in the think we're very happy with what we got.

>> and for this is for you and your family. your family'boat. so your parents, sister, are you going to be sailing around the world or just keeping it in venezuela? not really around the world, is pretty much the caribbean. >> just the caribbean. coming up, new worries that college kids are afraid of entering the business sector graduation. one recent graduate so upset she is not making a lot of money she is suing her school for giving her bad grades. we astarte oflegal experts, is illegal. find out their verdict next. ♪ i'm lorenzo. i work for 47 different companies. well, technically i work for one. that company, the united states postal service®, works for thousands of he businesses. because at usps.com®, you can pay, print and have your packes picked up for free. i can even drop off free boxes.

i wear a lot of hats. well, technically i wear one. the u.s. postal service®, no business too small.

gerri: can one low grade in grad school cost somebody acareer? a former grad student thinks so and demands the university pays up. in a lawsuit against lee high

university and the professor who gave her the grade. with more on this, ashley mother -- merchant. should this have been a lawsuit? >> yes, if should. this is the way that we resolve the disputes in the country is a system of civil justice where people can bring lawsuits gerri: overwhat, a grade? academic freedom, the professor had a whole microphone set up on grading, and she received zero out of 25 points for class participation bringing the grade down a letter grade. the reason she got the zero cause she was acting out in class. she got warnings. >> should it have been a suit or resolved another way. >> of course. you don't sue over a bad grade. gerri: apparently, she was not participating in class,and what's amazing to me is this would have been easy to fix. the student says she's a gay student, and that her professor didn't like that, and that's why she got the bad grade.

what do you think of that? >> well, it sounds like the professor had something against the student, and so the student should have had a day in court and is having her day in court. it's only fair. she should be able to tell her side of the story. gerri: well, yeah, go to the teacher, and, by the way, the teacher gave her numerous verbal and written warnings. th was coming as no shock. look, i thought law school for many, many years, i have to add mite i've given out c's when they deserve it. >> well, why didn't she ask for a changed grade. that, to me -- or try? >> she did. she's asked for a change grade. that's part of the lawsuit. she would be happy with $1 if the grade was changed. >> she asked for $1 #.3 million. that's what she was seeking. here's a detail that i thought was interesting. it cost $55,000 a year to go to lee high university. this woman is the daughter of a

professor. she pays nothing. she's paid nothing for the degree, and, yet, shements the university to cough up $1.3 million. that's beyond the payout. >> it's a simple solution. take the grade or take the class over again. one c-plus is not going to -- one c-plus is not going to ruin your university career. gerri: ashley? >> it's my nderstanding it did ruin her career not getting the degree she wanted in the program -- >> to allow her what she wantedded to do; right? >> she partipated in class. she attended all of the classes. it's my understanding that she is the only student in the history of lee high university to actually get a zero for class participation. >> she was verbally abusive in the class. she had outbursts in the class. what is it you do? she's ruining it for the rest of the class. >> that's part of it. >> the part of the argument, though, is she was in class. she's saying one thing, the

teacher sa another, and that's why we come to court to settle these disputes and have civil justice. gerri: here's what happened, the judge threw it out. ashley, what do you say to that? the judge is not siding with you. should the woman try to seek a higher court? >> i mean, you know, whether or not she should appeal is something to discuss with the attorneys meaning the system works. if the judge thew it out after hearing the evidence, that means our system worked. >> i wonder what we paid for that. >> exactly. one of the things there is not one single case in the u.s. history on point on this. it's never happened before. >> right. that's my understanding. you know, i think the judge might have got it right because the dge actually heard all of the testimony. it's my understanding the judge is a professor, himself, because he was in the best position to evaluate this. >> it's amazingto me that we

have wheels within wheels. she's the daughter of a professor, a professor who has to continue working at the university after this lawsuit. >> right. gerri: ashley, leis, great job. astonishing case to me. thanks so much. well, on to more student issues. the student loan crisis in the country deepens with grads joingup wards of a trillion dollars all told. somebody's making money, and it's not the universities. i'm talking about uncle sam. according to a record in the "wall street journal," the federal government is making a profit off of students. the congressional budget office says the feds issue $106 billion worth of loans in 2012 and got back $145 billion. why? well, a few reasons we talkinged about on the show before. grads are frequently late with payments and hit with fines. as a result, and they can't walk away from the student debt through bankruptcy. two, the government is borrowing at the relick -- ridiculously low rate of 2 #%

but charge interest of 7 #. it's not all good news. the cbo says once treasury yields go up, likely they will, the profits disappear. by 20 # 18, it's expected taxpayer have a loss on these loans. maybe we should get out of the business all together. when we come back, backstage to new york's fashion week, and are profit and money dirty words? they seem to be on college campuses around the country. why is that? one professor explaning to us next. ♪ clients are always learning more

to make their money do more. (ann) to help me plan my next move, i take scottrade free, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade... ranked "highest in customer loyalty for brokerage and investment companies."

gerri: this will shock you, one of the most talked about dirty words on college campuses, and

it's "profit." no kidding, despite being the enjoin that runs the country, college kids are talking about greed and corruption. joining me is the professor of business and economics in kings college in new york. thanks for being on the show. your column lit a fire here. we were amazed by this. you teach, and yet students come and say what? >> to talk about non-profit management because she was interested in it, and i could tell she was uneasy in the conversation. i said, you know, anything else on your mind? she pauses and leans forward, and in a hushed voice says, you know, is it okay if i just go into business? >> i thought, well, i leaned back and thought, really? she was confessing it to me like she was talking about underage drinking. is that the standing of business gerri: you see that all the time; right? >> you do and across the country. students think profit is greed. they are staying away from business, staying away from free

enterprise because they think you can'make a dwirches in the world. gerri: people talked about doing good by doing well, but, you know, being in business can give people jobs and support them and allow them to invest and save for their own kids, all kinds of positives from it. maybe they get this, though, from cultur and perhaps they get it from the prsident. >> yet som people on wall street took unbelievable risks with other people's money. it's imperative those in wall street board rooms and trading floors be held accountable for the decisions they make. i did not run for office to be helping out a bunch of, you know, fat cat bankers on wall street. gerri: oh, there you go, the fat cat banker comment. democrats demonize profit. you have occupy wall street demonizing profit. what's wrong with profit? >> nothing's wrong with profit. that's the case we have to make

to young people. we have to show them when you make a profit, usually that means you are serving somebody the way they want to be served. it's a great piece of information. we talk about profit as incentive. we forget it's information. in a world full of uncertainty, we need that information. gerri: well, colleges themselves to blame, though? 63% of professors are liberal or far left. when they talk to the classrooms, are they take talking, oh, profit, it's a dirty word. >> i give students credit. when they see a humanities professor saying profit is evil, they are thinking, well, you know, what's this guy know? he's been in the academy his whole career; right? the bigger issue is proponents of free enterprise don't make their case. we talk about marts and efficiency all the time. it's true and uninspiring. tell the narrative of what businesses do in the world. >> how they serve people and help people with their daily life. if you didn't have business and

just non-profit, what would the world be like? >> that's rights. the service around us all the time, things that make life better would not be here. gerri: great stuff. i was blown away by that. we have to open the eyes how young people view business these days. thank you. >> thank you. gerri: all right. on this today in business history, on this day in 1903, the first teddy bear went on sale, no kidding. they wrote a letter to the president, president roosevelt, asking to use his nickname, teddy, to describe a toy bear he made. the story in a bear hunting party in mississippi, members of the presidential entourage cornered, clubbed, and tied an american black bear to a willow tree after a long chase. roosevelt declined to shoot the bear himself saying the act would be unsportsman like. almost one million bears sold and meant to imply under the out door image of roosevelt was a

sensitive interior. i never knew that. wow. the first bear went on sale today, february 15th, 110 years ago. amazing stuff. still to come tonight, my two cents more on mayor bloomberg. the man's out of control. move over, ann. there's a new fashionista in town. we talk to the designers at new york fashion week. look at that. i sat in her seat. she's going to be mad. ♪

gerri: behind the runway in new york fashion week to see what the hottest designers have to say about high fashion in the toug

♪ gerri: in fashion tonight, new york fashion week, two of the world's fashion power houses give me the inside scoop on their collections and whether high fashion is making a comeback. so tell me the inspiration for the show? it's gorgeous. >> thank you. it's the alfred hitchcock stills over the years. gerri:ed with actresses in mind? >> we watched them, particular ball gown like grace kelly in a sweater and skirt, and there are certain suits that recall kim nok in "vertigo," and sweater sets that look like others, and so it's like was jelling in our mind. we never had a specific influence for any one outfit, but it all jelled together in the heads, and there's two of us

making it more jellyish. >> the color pallet starts out, it was designed initially in black and white and dirty metallics creeped in and great accent colors like blood red, a thread of the color throughout the collection, a sexy pine green. i think it's an emotional beautiful color for evening clothes. gerri: are people back to buying expensive evening area? >> i don't think they are buying as much, perhaps, but there's always -- maybe when the economy goes sour, she's not wardrobing herself head to toe every day, but when she's got a special event -- >> not as many events to go to either when things are not going so well. there are not as many high ticket events to go to, but there's still some. >> and then, you know, she's not -- if there's something important in her life whether her daughter's wedding or important event for her usband, she's going to buy something

gorgeous and special. that's why things, you know, beautiful fine apparel evening ware is lasting. you always need a special piece in the wardrobe. gerri: you guys are international brands. where do you see the biggest demands? in the states, asia? >> you know, of course, the states is the core business, but we just opened 13 stories in china. there's a huge -- >> huge market there. g -- >> for apparel and fashion and amazing fun market there right now. gerri: fascinating. yeah, definitely a growing economy. >> it is. gerri: so when you look at the -- what's going on in fashion, in new york this week, do you think we're in a recovery that we're on the upswing? do you see evidence of expansion in the industry? >> i think it's not easy out there. you know what i mean? i really don't. i think that it's still tough. like i said, i think a woman appreciates something beautiful, and there's a little bit of space for that in her life, but

it's still not easy. gerri: you know, i was surprised to see your label is now, what? 25 years old; is that right? >> almost. , almost. >> about to celebrate our 25th anniversary, opening up a black ship up on madison this season which we're excited about. you know, we've been doing this. we've seen a lot of peaks and valleys. >> we started in the recession so it's come full circle; right? >> a great time to start. i mean, is it ever a good time to start a fashion house? probably not, but we were naive and just jumped into it, and, you know, we're glad we did. gerri: twentyy-five years, how do you keep an edge? >> stay true to the customer. at the end of the day, it's been our advantage that or clothes are timeless, em gaunt, and customers count on us for that. ♪

gerri: congratulations on the new collection. i understand you commissioned a work of art for your show from tom hodge. why did you do that? >> i did it because i love music, and one of the favorite is tom, and when i have a piece of music used from tom hodge in one of the collections, i saw the way he mixed the classil with contemporary, and i say i need to meet this man. we decided that we were going to produce a piece of music for the collection, and this inspiration went into my head with this, and it came out well because it has glamour and romance. gerri: how do you stay current and competitive in a business you've been in many, many years. >> well, you have to be on top of that, and i've been lucky because the women like it. the more the people buy this, the more special i get. gerri: absolutely. now, the fabrics you are using

this season, tell me what you are doing different. >> well, his season, the collection has a little hint of the 40s. the hint is about the treatment of the shoulders, the movement of the skirt, some of the materials are very special, very dramatic, let's say. gerri: i know you don't think of yourself as a business person, but, in fact, you are. >> yes, in a way i am, but it stays on because i suppose they like what i did, and i don't want to confuse the women who buy my clothes. i mean, i don't follow the trends because i find that when you follow trends so closely, it's like wearing a uniform. everybody looks the same to me even if they -- if it doesn't look right, and it's fashionable and a trend, they have to wear it. i think r me a woman has to wear something that is really

make them look beautiful and well. gerri: and the critics raved about both shows. they were gorgeous. there were others at the new york fashion week that were not so successful. in tonight's top five, the least wearable looks. number five, from mark jacobs, supposed to be a throw back to the 1960s. it looks like pa jam mas. speaking of pjs, here's number four from jeremy scott known for the whacky pieces, but this bubble gum getup makes the model look like a big baby. number three, tom brown. this is incredibly creative, who wears that? really, who would wear that. those 3-d roses would get in your way. he dressed the president's wife, though. he has something going for him. this dress by the blonds looks like it hurts. as one critic pointed out, it reminded him of the belt rack at

gap. number one belongs to jeremy scott, again, this looks like the love child of big bird. the best part? this dress has a train. scott, himself, called it a coat with a tail. coming up in next week's in fashion seg. , the hottest trends in diamonds. a girl's best friend. back with my two cents more and the answer to the question of the day when you, you buy a ring at costco. ♪ my mother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzm. never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams.

go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. a talking car. but i'll tell you what impresses me. a talking trn. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪

if you don't have something important to say? yep, there i am with flo. hoo-hoo! watch it! [chuckles] anyhoo, 3 million people switched to me last year, saving an average of $475. [sigh] it feels good to help people save... with great discounts like safe driver, multicar, and multipolicy. so call me today. you'll be glad you did. cannonbox! [splash!] i don't have to leave my desk and get up and go to the post office anymore. [ male announcer ] with stamps.com you can print real u.s. postage for all your letters and packages. i have exactly the amount of postage i need, the instant i need it. can you print only stamps? no... first class. priority mail. certified. international. and the mail manicks it up. i don't leave the shop anymore. [ male announcer ] get a 4 week trial plus $100 in extras

including postage and a digital scale. go to stamps.com/tv and never go to the post office again. ♪ gerri: tiffany's is suing costco saying and gave a rings wrongly labeled tiffany. would you buy a diamond ring and costco? years with some of your tweeting me. @gerriwillisfbn. sure. or n